online forex trader
But why are they so successful and show such excellent returns?You must understand that there is a relationship between Profit and Risk – the higher the Profit the higher also the Risk. Systems that have high win ratios normally also have large draw downs, long transaction durations and large losses from time to time that can wipe out many months of profits in one go. Look at this extremely profitable trader’s performance over a 3000% return in one month!month of Feb has just started: When people see these figures their eyes lit up tripling your account equity in three months!Greed starts to creep in and visions of a luxury life, which they have always dreamed about, appear. This fever can overcome all fears and caution. But wait…. His maximum draw down is 94. 32%!And look what the calculated Risk is: Source: So the risk of losing all your money with this system is extremely high!96%!And, Yes!You have guessed right. He is a scalper using NO Stop Losses!But traders following this high risk strategy often have the best performance figures and the most satisfied followers / customers. The number one trader at one of the largest Signal Provider services who applies NO Stop Losses with small Profit Targets and up to 700+ pips draw downs, has 12,592 followers and manages over $21 million in equity!His top follower has made a profit of 4,124 pips this past year. One trader at another Signal Provider using + 1000 pips Stop Losses has 20,587 followers of which 3,252 copies his trades automatically. He is showing a 145% profit over the past 6 months.
forex trading training
It is not a good idea to rely only on the trend, but to integrate many sources of information to determine a trade.
foreign currency trade
He was sentenced to 8 years and 1 month in prison and was ordered to pay $14.
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online forex trader